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DOI | 10.1016/j.socec.2024.102185 |
Climate change, tipping points, and economics | |
de Zeeuw, Aart | |
发表日期 | 2024 |
ISSN | 2214-8043 |
EISSN | 2214-8051 |
起始页码 | 109 |
卷号 | 109 |
英文摘要 | This paper discusses the response of the economics profession to a possible occurrence of tipping points in natural systems, with a drop in welfare. For a climate tipping point, the hazard -rate model is relevant, and the paper shows that in a Ramsey growth model with climate tipping, the effect on policy is increased saving and increased taxation of greenhouse gas emissions. Climate change is often seen as a tragedy of the commons because incentives to deviate undermine cooperation and prevention of climate change. However, a climate tipping point can be prevented in a Nash equilibrium or with partial cooperation if the drop in welfare is sufficiently high. In case of uncertainty about the threshold, this result remains if the uncertainty is not too large. In the conclusion, the paper makes a few remarks on including tipping points in teaching environmental and resource economics. |
英文关键词 | Climate tipping points; Economic policy; Growth; Tragedy of the commons |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001188380200001 |
来源期刊 | JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/307500 |
作者单位 | Tilburg University; Royal Swedish Academy of Sciences; Beijer Institute of Ecological Economics |
推荐引用方式 GB/T 7714 | de Zeeuw, Aart. Climate change, tipping points, and economics[J],2024,109. |
APA | de Zeeuw, Aart.(2024).Climate change, tipping points, and economics.JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS,109. |
MLA | de Zeeuw, Aart."Climate change, tipping points, and economics".JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS 109(2024). |
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